For most plan sponsors, managing their plan with the participants’ best interests in mind is not just a fiduciary duty; it is a driving principle. This is why we are encouraging plan sponsors to examine the idea of fee equalization.
Recordkeeping and other costs associated with managing a plan can have a significant impact on participants’ retirement outcomes. Employers may be surprised to know that these fees may disproportionately impact participants. Fee equalization is a solution for eliminating imbalances in plan fees.
Arnerich Massena’s newest white paper, Fee Equality: Leveling the Playing Field for Participants, examines the ways in which traditional fee structures impact participants and compares ways to equalize fees.
To read the white paper, click here: http://www.am-a.com/about/research.php.